Ministry of Commerce & Industry
Index of Eight Core Industries  October, 2018
1. The summary of the Index of Eight Core Industries  is given at the Annexure.
2. The Eight Core Industries comprise 40.27 per cent of the weight of items included in the Index of Industrial Production . The combined Index of Eight Core Industries stood at 134.8 in October, 2018, which was 4.8 per cent higher as compared to the index of October, 2017. Its cumulative growth during April to October, 2018-19 was 5.4 per cent.
Coal
3. Coal production  increased by 10.6 per cent in October, 2018 over October, 2017. Its cumulative index increased by 9.8 per cent during April to October, 2018-19 over corresponding period of the previous year.
Crude Oil
4. Crude Oil production  declined by 5.0 per cent in October, 2018 over October, 2017. Its cumulative index declined by 3.6 per cent during April to October, 2018-19over the corresponding period of previous year.
Natural Gas
5. The Natural Gas production  declined by 0.9 per cent in October, 2018 over October, 2017. Its cumulative index declined by 0.8 per cent during April to October, 2018-19 over the corresponding period of previous year.
Refinery Products
6. Petroleum Refinery production  increased by 1.3 per cent in October, 2018 over October, 2017. Its cumulative index increased by 5.8 per cent during April to October, 2018-19 over the corresponding period of previous year.
Fertilizers
7. Fertilizers production  declined by 11.5 per cent in October, 2018 over October, 2017. Its cumulative index declined by 0.3 per cent during April to October, 2018-19 over the corresponding period of previous year.
Steel
8. Steel production  increased by 2.2 per cent in October, 2018 over October, 2017. Its cumulative index increased by 3.3 per cent during April to October, 2018-19 over the corresponding period of previous year.
Cement
9. Cement production  increased by 18.4 per cent in October, 2018 over October, 2017. Its cumulative index increased by 15.0 per cent during April to October, 2018-19 over the corresponding period of previous year.
Electricity
10. Electricity generation  increased by 11.4 per cent in October, 2018 over October, 2017. Its cumulative index increased by 6.9 per cent during April to October, 2018-19 over the corresponding period of previous year.
Note 1: Data for August, 2018, September, 2018 and October, 2018 are provisional.
Note 2: Since April, 2014, Electricity generation data from Renewable sources are also included.
Note 3: The industry-wise weights indicated above are individual industry weight derived from IIP and blown up on pro rata basis to a combined weight of ICI equal to 100.
Note 4: Release of the index for November, 2018 will be on Monday, 31st December, 2018.
Annexure
Performance of Eight Core Industries
Yearly Index & Growth Rate
Base Year: 2011-12=100
Index
|
|
Sector
|
|
Weight
|
|
2012-13
|
|
2013-14
|
|
2014-15
|
|
2015-16
|
|
2016-17
|
|
2017-18
|
|
Apr-Oct 2017-18
|
|
Apr-Oct 2018-19
|
|
Coal
|
|
10.3335
|
|
103.2
|
|
104.2
|
|
112.6
|
|
118.0
|
|
121.8
|
|
124.9
|
|
106.4
|
|
116.8
|
|
Crude Oil
|
|
8.9833
|
|
99.4
|
|
99.2
|
|
98.4
|
|
97.0
|
|
94.5
|
|
93.7
|
|
94.8
|
|
91.3
|
|
Natural Gas
|
|
6.8768
|
|
85.6
|
|
74.5
|
|
70.5
|
|
67.2
|
|
66.5
|
|
68.4
|
|
69.1
|
|
68.5
|
|
Refinery Products
|
|
28.0376
|
|
107.2
|
|
108.6
|
|
108.8
|
|
114.1
|
|
119.7
|
|
125.2
|
|
122.4
|
|
129.4
|
|
Fertilizers
|
|
2.6276
|
|
96.7
|
|
98.1
|
|
99.4
|
|
106.4
|
|
106.6
|
|
106.6
|
|
105.8
|
|
105.5
|
|
Steel
|
|
17.9166
|
|
107.9
|
|
115.8
|
|
121.7
|
|
120.2
|
|
133.1
|
|
140.5
|
|
138.7
|
|
143.2
|
|
Cement
|
|
5.3720
|
|
107.5
|
|
111.5
|
|
118.1
|
|
123.5
|
|
122.0
|
|
129.7
|
|
123.9
|
|
142.6
|
|
Electricity
|
|
19.8530
|
|
104.0
|
|
110.3
|
|
126.6
|
|
133.8
|
|
141.6
|
|
149.2
|
|
152.0
|
|
162.5
|
|
Overall Index
|
|
100.0000
|
|
103.8
|
|
106.5
|
|
111.7
|
|
115.1
|
|
120.5
|
|
125.7
|
|
123.0
|
|
129.6
Growth Rates 
|
|
Sector
|
|
Weight
|
|
2012-13
|
|
2013-14
|
|
2014-15
|
|
2015-16
|
|
2016-17
|
|
2017-18
|
|
Apr-Oct 2017-18
|
|
Apr-Oct 2018-19
|
|
Coal
|
|
10.3335
|
|
3.2
|
|
1.0
|
|
8.0
|
|
4.8
|
|
3.2
|
|
2.6
|
|
1.8
|
|
9.8
|
|
Crude Oil
|
|
8.9833
|
|
-0.6
|
|
-0.2
|
|
-0.9
|
|
-1.4
|
|
-2.5
|
|
-0.9
|
|
-0.2
|
|
-3.6
|
|
Natural Gas
|
|
6.8768
|
|
-14.4
|
|
-12.9
|
|
-5.3
|
|
-4.7
|
|
-1.0
|
|
2.9
|
|
4.7
|
|
-0.8
|
|
Refinery Products
|
|
28.0376
|
|
7.2
|
|
1.4
|
|
0.2
|
|
4.9
|
|
4.9
|
|
4.6
|
|
2.9
|
|
5.8
|
|
Fertilizers
|
|
2.6276
|
|
-3.3
|
|
1.5
|
|
1.3
|
|
7.0
|
|
0.2
|
|
0.03
|
|
-1.3
|
|
-0.3
|
|
Steel
|
|
17.9166
|
|
7.9
|
|
7.3
|
|
5.1
|
|
-1.3
|
|
10.7
|
|
5.6
|
|
6.0
|
|
3.3
|
|
Cement
|
|
5.3720
|
|
7.5
|
|
3.7
|
|
5.9
|
|
4.6
|
|
-1.2
|
|
6.3
|
|
-1.4
|
|
15.0
|
|
Electricity
|
|
19.8530
|
|
4.0
|
|
6.1
|
|
14.8
|
|
5.7
|
|
5.8
|
|
5.3
|
|
5.3
|
|
6.9
|
|
Overall Index
|
|
100.0000
|
|
3.8
|
|
2.6
|
|
4.9
|
|
3.0
|
|
4.8
|
|
4.3
|
|
3.5
|
|
5.4
Performance of Eight Core Industries
Monthly Index & Growth Rate
Base Year: 2011-12=100
Index
|
|
Sector
|
|
Coal
|
|
Crude Oil
|
|
Natural Gas
|
|
Refinery Products
|
|
Fertilizers
|
|
Steel
|
|
Cement
|
|
Electricity
|
|
Overall Index
|
|
Weight
|
|
10.3335
|
|
8.9833
|
|
6.8768
|
|
28.0376
|
|
2.6276
|
|
17.9166
|
|
5.3720
|
|
19.8530
|
|
100.0000
|
|
Oct-17
|
|
119.4
|
|
95.7
|
|
71.0
|
|
132.1
|
|
116.8
|
|
146.7
|
|
125.2
|
|
149.8
|
|
128.7
|
|
Nov-17
|
|
133.5
|
|
90.8
|
|
68.5
|
|
126.0
|
|
111.8
|
|
137.5
|
|
125.4
|
|
140.1
|
|
124.1
|
|
Dec-17
|
|
142.6
|
|
94.2
|
|
69.2
|
|
133.1
|
|
112.1
|
|
138.0
|
|
135.3
|
|
143.9
|
|
128.8
|
|
Jan-18
|
|
149.5
|
|
93.8
|
|
67.6
|
|
135.4
|
|
105.5
|
|
145.0
|
|
140.6
|
|
149.5
|
|
132.5
|
|
Feb-18
|
|
143.2
|
|
86.1
|
|
62.1
|
|
120.9
|
|
102.2
|
|
141.7
|
|
138.0
|
|
136.1
|
|
123.2
|
|
Mar-18
|
|
184.9
|
|
95.8
|
|
69.8
|
|
130.3
|
|
107.0
|
|
153.2
|
|
149.6
|
|
156.7
|
|
138.5
|
|
Apr-18
|
|
118.8
|
|
91.8
|
|
67.1
|
|
119.1
|
|
93.1
|
|
138.1
|
|
149.1
|
|
153.7
|
|
124.3
|
|
May-18
|
|
125.2
|
|
94.8
|
|
68.7
|
|
131.6
|
|
106.6
|
|
142.8
|
|
145.3
|
|
164.7
|
|
131.9
|
|
Jun-18
|
|
120.0
|
|
90.9
|
|
67.4
|
|
133.8
|
|
108.3
|
|
143.8
|
|
150.7
|
|
159.9
|
|
131.2
|
|
Jul-18
|
|
108.1
|
|
91.2
|
|
68.5
|
|
134.1
|
|
110.0
|
|
140.3
|
|
136.0
|
|
162.1
|
|
129.2
|
|
Aug-18
|
|
103.8
|
|
91.6
|
|
70.2
|
|
127.7
|
|
109.4
|
|
144.5
|
|
134.6
|
|
167.2
|
|
128.8
|
|
Sep-18
|
|
109.8
|
|
88.1
|
|
67.6
|
|
125.8
|
|
108.0
|
|
143.2
|
|
133.9
|
|
162.9
|
|
127.2
|
|
Oct-18
|
|
132.0
|
|
90.9
|
|
70.3
|
|
133.8
|
|
103.3
|
|
149.9
|
|
148.4
|
|
166.8
|
|
134.8
Growth Rates 
|
|
Sector
|
|
Coal
|
|
Crude Oil
|
|
Natural Gas
|
|
Refinery Products
|
|
Fertilizers
|
|
Steel
|
|
Cement
|
|
Electricity
|
|
Overall Index
|
|
Weight
|
|
10.3335
|
|
8.9833
|
|
6.8768
|
|
28.0376
|
|
2.6276
|
|
17.9166
|
|
5.3720
|
|
19.8530
|
|
100.0000
|
|
Oct-17
|
|
3.9
|
|
-0.4
|
|
2.8
|
|
7.5
|
|
3.0
|
|
8.6
|
|
-1.3
|
|
3.2
|
|
5.0
|
|
Nov-17
|
|
0.7
|
|
0.2
|
|
2.4
|
|
8.2
|
|
0.3
|
|
14.5
|
|
16.9
|
|
3.9
|
|
6.9
|
|
Dec-17
|
|
0.4
|
|
-2.1
|
|
1.1
|
|
6.6
|
|
3.0
|
|
0.4
|
|
17.7
|
|
4.4
|
|
3.8
|
|
Jan-18
|
|
3.8
|
|
-3.2
|
|
-1.2
|
|
11.0
|
|
-1.6
|
|
1.7
|
|
19.6
|
|
7.7
|
|
6.2
|
|
Feb-18
|
|
1.3
|
|
-2.4
|
|
-1.8
|
|
7.8
|
|
5.2
|
|
5.0
|
|
23.0
|
|
4.6
|
|
5.4
|
|
Mar-18
|
|
9.1
|
|
-1.6
|
|
1.0
|
|
1.1
|
|
3.2
|
|
4.7
|
|
13.5
|
|
6.0
|
|
4.5
|
|
Apr-18
|
|
15.2
|
|
-0.8
|
|
5.7
|
|
2.7
|
|
4.6
|
|
3.0
|
|
21.9
|
|
2.1
|
|
4.7
|
|
May-18
|
|
12.0
|
|
-2.9
|
|
-1.4
|
|
4.9
|
|
8.4
|
|
-0.1
|
|
13.0
|
|
4.1
|
|
4.1
|
|
Jun-18
|
|
11.5
|
|
-3.4
|
|
-2.7
|
|
12.1
|
|
1.0
|
|
4.2
|
|
14.2
|
|
8.4
|
|
7.8
|
|
Jul-18
|
|
9.8
|
|
-5.4
|
|
-5.2
|
|
12.3
|
|
1.3
|
|
6.9
|
|
11.2
|
|
6.7
|
|
7.3
|
|
Aug-18
|
|
2.4
|
|
-3.7
|
|
1.0
|
|
5.1
|
|
-5.3
|
|
4.0
|
|
14.7
|
|
7.6
|
|
4.7
|
|
Sep-18
|
|
6.4
|
|
-4.2
|
|
-1.7
|
|
2.5
|
|
2.5
|
|
3.2
|
|
11.8
|
|
8.2
|
|
4.3
|
|
Oct-18
|
|
10.6
|
|
-5.0
|
|
-0.9
|
|
1.3
|
|
-11.5
|
|
2.2
|
|
18.4
|
|
11.4
|
|
4.8